Why the overpriced “crypto-dinner” of Donald Trump is controversial | EUROtoday

On May 22, 2025

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DSaying with the President of the United States just isn’t inside everybody’s attain. And for good purpose: such an event could be very, very, very costly by Donald Trump. If the republican chief is customary for dinners in Mar-A-Lago, his residence in Florida the place the entry ticket is within the hundreds of euros, in latest occasions, he has additionally paid explicit consideration to traders of his cryptocurrency.

According to the Wall Street JournalDonald Trump is certainly organizing, Thursday, May 22, a dinner with the 220 primary holders of his “same corner” (a token based mostly on an individual or a viral phenomenon): the $ Trump, or Super Trump Coin, launched by the White House tenant simply earlier than his investiture, final January. “Except in cases of force majeure”, the president promised to go to the occasion, which will probably be held in his Golf de Potomac Falls, close to Washington.

Read too Who are Bitcoin billionaires? The greatest 25 traders will even have the correct to a particular VIP interview with Donald Trump. Most members at this reception are overseas: one among them comes for instance from Asia to advertise a Blockchain start-up which aspires to “feed the next generation of memes [coins] ». Another is a masked detective that tracks digital assets stolen by computer hackers.

“One of essentially the most scandalous makes use of of the operate”

Is this invitation the fruit of a generous coincidence? Doubt is allowed. Like Bitcoin, $ Trump collapsed after the euphoria of its launch in January, making more than two billion dollars lose at around 810,000 buyers. But, when the dinner announces, the course of this same corner went up, buyers spending $ 148 million. A beautiful figure, directly in the pocket of the Trump family: the Trump Organization holds 80 % of the tokens according to The worldpart of the costs related to their purchase and their resale being overthrown to the president’s family.

As often with these dinners, a vagueness remains as to their legality. “It is an moral nightmare,” said Norm Eisen, former special advisor to the White House for Ethics and government reform under the Obama administration. For example, dinner could break the constitutional clause relating to emoluments, which prohibits federal officials from accepting gifts from foreign governments.

Read too Is Bitcoin really a currency?
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Administration officers beforehand denied any battle of curiosity, saying that dinner was an exterior business dedication and never an official occasion of the White House. Unsurprisingly, the Democrats have rebel towards this dinner. “If he continues, it will be one of the most scandalous uses of the function for personal enrichment in American history,” stated senator Richard Blumenthal

“The American people deserves the unshakable assurance that access to the presidency is not sold to the most offering in exchange for the president’s financial gain,” attacked the senators Adam Schiff and Elizabeth Warren in a letter to the workplace liable for stopping conflicts of curiosity inside the administration. For the time being, Donald Trump doesn’t appear to cease making his presidency, like all his life, a juicy enterprise.

https://www.lepoint.fr/monde/pourquoi-le-crypto-diner-hors-de-prix-de-donald-trump-fait-polemique-22-05-2025-2590294_24.php